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-   -   Confirmed with Link: Matt Read signs extension (4 years, $3.625M AAV) (http://hfboards.hockeysfuture.com/showthread.php?t=1501011)

RobinDIF 09-20-2013 07:28 PM

Matt Read signs extension (4 years, $3.625M AAV)
 
https://twitter.com/reporterchris/st...96847932379136
http://flyers.nhl.com/club/blogpost.htm?id=20510

From the Flyers website:

Quote:

If there was any question at all as to whether the Flyers viewed Matt Read as part of their long-term core that was answered in resounding fashion late Friday.

The Flyers and Read agreed on a four-year contract extension that kicks in beginning next season.

The contract is for $14.5 million, or an average annual value of $3.625, which will serve as his cap hit beginning in the 2014-15 season.

“We’re excited and happy we finally got this done,” said general manager Paul Holmgren. “This has been going on for the better part of the summer. We’re happy and I’m sure Matt’s happy. He’s one of the young, core players on our team.”

Read, 27, is in the final year of his entry-level contract that is paying him $900,000. Because of his age though, he would have been eligible for free agency after the season.

It was a scenario the Flyers didn’t want to get caught in – bidding against other teams for Read’s services – because they were worried that they could have been outbid by teams who don’t operate as close to the cap as the Flyers do.

cheesesteak 09-20-2013 07:29 PM

Love it! Now everyone can stop putting him in trade proposals.

NHLAlert 09-20-2013 07:30 PM

Had it coming to him, either from flyers or someone else. Good for him

Flyotes 09-20-2013 07:31 PM

4 years. 14.5 mil. 3.625 per.

ILoveStephanieBrown 09-20-2013 07:32 PM

That's a very good cap hit. A lot lower than people were projecting.

chinatown81592 09-20-2013 07:35 PM

Very nice deal.

Fragmuffin 09-20-2013 07:37 PM

It is safe now to put him with G and Jake :))

Love the deal!

Flyotes 09-20-2013 07:37 PM

"Holmgren said. “Now he plays regularly on the power play, he kills penalties, he plays 4-on-4… in short he’s a valuable part of our hockey team and it’s nice to have him under contract for the next five seasons.”

From the Flyers link.

Homer is a smart man.

tymed 09-20-2013 07:41 PM

:handclap:

And then there was Schenn.....

FlyersFan61290 09-20-2013 07:41 PM

That's a steal

CanadianFlyer88 09-20-2013 07:43 PM

Holy ****. Great term and $$$.

ayshplaysh 09-20-2013 07:47 PM

This is f***ing awesome.

Calderone 09-20-2013 07:48 PM

Wow, Homer didn't get totally fleeced by an agent? Good deal.

Striiker 09-20-2013 07:53 PM

Awesome

bp spec 09-20-2013 07:57 PM

Great deal.

Captain Claude 09-20-2013 08:00 PM

Always liked Read, glad he's going to stay around...or at least I hope so. :scared:

Adtar02 09-20-2013 08:07 PM

Great contract.

LegionOfDoom91 09-20-2013 08:08 PM

Good deal, I figured he would test free agency & price himself out but glad this happened instead.

Jtown 09-20-2013 08:10 PM

Wow. Read could have done better for himself on the open market, but man you can't beat a caphit like that for a guy that is so versatile as him. Glad he is on board for the future.

JDinkalage Morgoone 09-20-2013 08:13 PM

Excellent cap hit and term for a guy that does everything on this team. Love Matt Read!

flyersfan28 09-20-2013 08:14 PM

good deal i think read can play all years on 2line

flyershockey 09-20-2013 08:25 PM

Well this certainly answers the question of whether or not Read feels a certain sense of loyalty to the Flyers for giving him a shot in the NHL.

Great player and the kind of guy that's invaluable for a future cup run.

King Forsberg 09-20-2013 08:26 PM

Paul Holmgren pulls another fast one on the rest of league.

StandingCow 09-20-2013 08:44 PM

Freaking... AWESOME!

DrinkFightFlyers 09-20-2013 08:45 PM

Wow, that is a pretty low deal. I would have thought $4.5 was more likely.


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